Gold, Silver, Wealth and War

15/09/2020 14 min Temporada 1 Episodio 5
Gold, Silver, Wealth and War

Listen "Gold, Silver, Wealth and War"

Episode Synopsis

Prices of gold and silver skyrocketed in the first half of the year amid uncertainties of the global economic prospect. China has a long history of using gold. But China has never been on gold standard. Instead, silver dominated the country as a national currency for hundreds of years partly due to silver influx from European colonies in the Americas. Silver also brought wars between China and the world powers.